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Search Results 0 to 49 of about 137 (some duplicates have been removed)
system. du neng ji makes nike shoes-- one of tens of thousands of nike employees scattered across the world. du neng ji and his fellow workers are a small part of the chinese link in the chain of global production. ( du neng ji speaking chinese ) translator: the reason i came to work here is simply to earn a living. i came from chendgu in sichuan province. i didn't have much of a job back home. i've been working at the number two factory for 2½ years. i feel good about it. my ambition is to become a manager. narrator: most of these workers are like du neng ji. until the factories came, they either ratched out a ling from farming or had no work at all. now life has changed dramatically. ( du neng ji speaking chinese ) translator: although we have to work hard for eight to nine, sometimes ten hours a day, i still feel very happy. i live in a dormitory, but i feel as if i'm living at home. narrator: millions of chinese have left their homes to work in places like guangdong. man: china has changed. it's one of the most exciting places to be doing business in the world right now. narr
the bell. we're going to get you ahead of the game on both of those when we look at nike next. rim also reporting. how much trouble are they in? how much is discounted into the market with a stock that is halved in value in just six months. and has larry ellison been spending too much money? he's doing something fairly unusual for someone as rich as he is. unless he's avoiding a hike in capital gains. [ male announcer] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! ♪ [ male announcer ] introducing a stunning work of technology. introducing the entirely new lexus es. and the first-ever es hybrid. this is the pursuit of perfection. and the first-ever es hybrid. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teach
trouble ahead? >> just don't do it. nike beats on earnings but can't drum up enthusiasm as margins drop 80 points and futures show it in china. can the massive buy back reinvigorate the stock? >> moody's could hit spain. could markets hold on to the big gains made yesterday off the budget plan? >> just hours to go until we close the books on q 3 the dow up 11 of the 12 months. what is the fourth quarter historically bringing? we'll tell you. first some news out of apple. ceo tim cook officially issuing an apology for the maps app cook saying, quote, with the launch of the new maps last week we fell short on our commitment to our customers. we are extremely sorry for the frustration this has caused our customers and are doing everything we can to make maps better. this is significant. if only symbolically, guys, david, jim, we don't hear apologies out of this company very often if at all. >> there has been very little to apologize for. this is a true gaffe. those who have read the fabulous book would know steve jobs i believe would never put an inferior product in people's hands even if it
's done social well, nike. nike made the decision we want to interact with our consumers every day. they could do that for some degree on twitter or facebook, but they said why don't we create an app called nike plus. they can dun lode software, buy a piece of equipment, and every day you're sending information back to nike. they understand how they use their products and get to communicate with you every day. >> you're thinking of it as a feature, not as something that's where you're the consumer. >> exactly. the consumer gets value from sharing that social data with the company. that value exchange is not as great on facebook and twitter. >> i got to stop you there. thank you for being with us this morning. >> thank you. >>> up next, one of these men in this picture will be my guest after the break. stick around to see which one when "press: here" continues. >>> welcome back to "press: here." google once measured thousands of users' reaction to 40 different shades of blue to figure out which blue was best for its website. instead of giving employees one day a week to work on thei
. ♪ neil: well, they told nike to adjust to it. the national urban league's landing nike for charging $315 for a pair of lebron james baker said. nike announcing it is going to cut the price of $270 as if that is a bargain-basement sale. this certainly president said that is not nearly enough. but i do wonder if he could be my agent. this guy can get results. i want the number to go up, not down. how did you give them to come down that much? >> well, the point here is, this is still the most expensive snickered in american history. i think this sticker shock of the idea, $315 sneaker got parents and the people who buy things for their kids while that -- riled up in a very big way. and if, you know, we've, i think, very importantly made the point that not now. the economy, the unemployment rate, people stretched to pay their bills. and here is a company, we all love and respect st. you need to buy out $315 an acre. but. neil: let the market decide. >> and i am saying, let me play in the market and encourage people on one hand. don't do it. on the other hand, that the appeal to your sense of
at least half their income for rent. nike is planning on buying back around 8 billion dollars in shares. profits fell in the fourth quarter. the buyback is a way to boost profits. nike has already bought back ten billion dollars of its stock in the past ten years. the company reports first quarter earnings next week. bank of america is thinning its ranks. the wall street journal reports the bank will cut 16,000 jobs by the end of this year. it's part of the bank's larger plan to cut costs. last year the bank announced it would eliminate 30,000 jobs by the end of 2014. the cuts announced this week will help the bank meet its overall cost- cutting measures early. amazon's kindle is getting kicked out of some big-name retailers. this week, walmart has announced they will no longer sell the product. in the spring, target made a similar announcement. the decision is reported to be a dispute over pricing. it could steer shoppers to amazon's site or to other retailers like best buy or staples. just weeks ago, amazon rolled out its next generation of kindle products, with prices ranging between
us for a closer look. matt, how much do you think the markets will key off earnings from nike and research in motion today? > > well, we've got the end of the quarter, a little bit of window dressing, and people are snapping up rim, because it didn't lose as much as people think, and when you look at the numbers, they have a lot of cash - just about a $4-billion company - and although their products have been a disaster, it's sort of like a slice-and- dice - what's it worth with their installed base, angie? > > matt, you're a big money manager, so you too have to do some window dressing. what stocks are you buying or maybe even selling? > > you know, the last few days we had a little bit of a soft market. the market had fallen, what angie?, like six out of seven days. finally it snapped back yesterday. i'm looking at a couple names i really like. one thing i talked about on the show was national oilwell varco, which, two days ago, fell below $80, which was sort of a spot where i wanted to buy it. now, of course, i have been looking at these all-american names. one stock that h
carry nike, they just have a tough quarter they reported, and now i have my 10-year-old saying i need it. she shows me, little italian sneaker, are you concerned may keep is no longer cool? you tell me what will be the hot seller. >> your daughter has a very sophisticated taste. quite the contrary. nike, especially in the states, north america, continues to be very strong and if you look at their future and their earnings out of north america, business continues to be very powerful and companies like mine have been able to take advantage of that as we partner with nike on all the great elite products and they continue to come to the market. we are especially strong in basketball, those are areas where nike, adidas, people like that have come up with great innovation in the last couple of years and it keeps going, it keeps coming. we are very optimistic about the marketplace and our position in it. liz: we would love to walk into one of those stars with you, please, let us do that. >> we look forward to that. david: 450 stores inside macy's. david: i love the fact he uses old connections
, a very strong component of the doubt. we are awaiting key earnings from nike and research in motion. can the blackberry maker prove that they are still in the game with the crockery can? >> we will break down the results who has a sneak preview. also, trade with china reaching over $174 billion this year. we have a ceo who is hoping to change all that by making it easier than ever for u.s. businesses to sell their products in china. the domestic market is booming. is that the place to be? he will tell you how to get in. first, today's data download. all three ending in the green. the s&p breaking a losing streak. technology and energy were top performers. utilities did lack of it. today was the biggest for stocks in september, the fed announced its money program. u.s. weekly jobless claims fell to its lowest level in two months last year, 26,000 to 359,000. it was revised up, which happens to show 3000 more applications than previously reported. long-lasting durable goods plummeting in august, posting the worst job, the decrease was led by aircraft orders that fell more than 500%. coveri
cause nike to run into trouble. according to marketwatch, analysts say china represents 30% of nike's operating profit. in june, the athletic gear company shocked wall street with lower-than-predicted profits due to a decline in demand in china. nike reports earnings thursday. toyota, the pioneer in hybrid electric technology, is scaling back plans for all electric cars. two years ago toyota said it was going to come out with a battery-powered mini car. this week, toyota's vice chairman says the electric cars do not "meet society's needs." it's not scrapping the idea, it'll just have what they're calling an "extremely limited release" of just 100 units in the u.s. and japan. toyota is putting its creative and engineering prowess behind prius hybrid- type cars. by 2015, toyota will be selling 21 hybrid models. it's dream time for united. the airline's first dreamliner from boeing arrives in houston this week. united ordered 50 of the new 787's. the airline will start flying the aircraft domestically to select united hubs initially and then will use the dreamliner on international rou
.3% on heavy volume. this is an all-time high for discover. meantime, nike saw a more muted reaction to its quarterly earnings. nike shares were up a half percent. they were at an all-time high in may. earnings were a $1.23 per share, 11 cents better than estimates. but they dropped from a year ago. one concern highlighted by analysts is nike's global future orders, a sign of sales to come. they showed the smallest gain in almost three years. a mattress merger was in focus today. tempur-pedic international will buy competitor sealy as it looks to expand its product line. the buyer, tempur-pedic, will spend $242 million for sealy, and take on sealy's $750 million of debt. the deal offers sealy sheholde $2.20 per share, a small premium. the buyer got a lift-- shares of tempur-pedic rose 14.4%. still, they trade at half the price compared to a year ago. sealy shares closed just a penny shy of the buyout offer, up a modest 2.3%. the two companies will operate independently. four of the five most actively traded exchange traded products were up. the emerging markets and russell 2,000 funds each
and recommending it to another stock investor. and i chose nike. apparently they had some earnings last night but they weren't up to par. how do you feel about that? should i stick with that or stay with another one? >> coportfolio manager and i went over this quarter. i'm sitting there last night. a pathetic parody of myself. a 67 -- all right, a 57-year-old man while waiting for the browns to take field for an hour and a half i'm going over this nike quarter. line by line. geez north america so strong 23. china so weak six. finally i realize, holy cow, nike's charging too much for its sneaks. that's all you need to know. we've been scaling back for the travel trust. i think the stock goes higher i'm a seller. let's go to joe in texas, please, joe. >> caller: good day to you, mr. cramer. a question about the strength of the telecommunication industry. jup per. morgan stanley rate earnings estimate on cisco, should i be adding to my positions in juniper? >> i think juniper is a casually if not collateral damage of what could be a very good quarter coming with cisco. why i do say that? both mo
? there are more spice girls than spice companies. nike -- where is my red hat? nike reports after closing, just announces a gigantic buyback a week before the quarter. unless management thinks there is going to be a huge shortfall and buy back cheaply, i would take this as a sign of confidence. it's been terrific ever since. get this. research in motion reports too. and as always, there will be speculation that it's going to put itself up for sale. then that speculation will be dashed by the company and people go about continuing to lose money in the blackberry maker. how many of these millions of people online buying apple iphone 5s are blackberry customers? enough to think that this waterloo, canada, based company has indeed met its waterloo. friday walgreens. after years of dependable growth, walgreens has become much more of a roller coaster, not unlike that kraken after a wild ride. and then spending $6.7 billion for a tie-up with boots, a european pharmacy retailer. stock got hammered on the news of the merger, but since been climbing back 28, 29, 30, 31, 32. will the gains roll back? i d
to be happy. fighting it with every muscle on his teen face. because i didn't just get him a pair of nikes, i got him the pair of nikes. look - he can barely control himself. (in her head) i'm amazing. the styles they'll totally freak over for back to school are here. famous brands. famously easy. famous footwear. victory is yours. for months, i had this deep pain all over my body. it just wouldn't go away. my doctor diagnosed it as fibromyalgia, thought to be the result of overactive nerves that cause chronic widespread pain. lyrica is believed to calm these nerves. i learned lyrica can provide significant relief from fibromyalgia pain. and for some people, it can work in as early as the first week of treatment. so now i can plan my days and accomplish more. lyrica is not for everyone. lyrica may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new or worsening depression, or unusual changes in mood or behavior, or any swelling or affected breathing or skin or changes in eyesight, including blurry vision or muscle pain w
: we are taking a look at nike and research in motion. you can see how they are faring going into the back half of the day. for nike, one thing to watch is china. china may be a thorn in nike's side. we talked about the new lebron sneakers. nike up about a half percent. research in motion is down after having gained this week. the question is how much cash did a half on hand. we will see how they are faring with that. lori: it will report after the bell tonight. melissa: in just 95 days, the u.s. will fall right off the fiscal cliff. it is a trillion dollars in on a medic spending cuts in the state of michigan. that could mean up to a billion dollars in lost revenue. a series of cuts. can the state swallow ablow of this size? joining me now is john. you went through an entire decade were you recently made some significant cuts to get your health back in order. >> absolutely. we realized we wanted to get the budget back into structural balance. lori: what will it mean to you if the sequestration goes into effect? >> i think certainly we will look at the programs in the area ge
last week, investors will be keeping a close eye on corporate reports for the likes of nike and walgreens. also on tap, fresh data on personal income and spending, new home sales and the final read on gdp. overseas this morning, foxcomm, a company that makes iphone, has suspended production at a chinese factory after a fight broke out involving as mean as 2,000 employees. about 40 people were reportedly injured. >>> apple's iphone 5 went on sale friday with what's expected to be record-breaking sales. the phones were reportedly sold out in many verizon and at&t stores across the country. >>> gas prices dipped by less than a penny to an average of $3.86 for regular. >>> toyota is ramping up production of its hybrid vehicles saying it will release 21 new hybrid models over the next three years. >>> trader joe's is recalling its house brand of peanut butter over fears of salmonella contamination. >>> talk about the sweet life. some drought stricken farmers are beefing up their starchy feed with a mixture that includes cookies, gummy worms, marshmallows, fruit loops, orange peel
for the likes of nike and walgreens. also on tap, fresh data on personal income and spending, new home sales and the final read on gdp. overseas this morning, foxconn, the company that makes iphones, has suspended production at a chinese factory after a fight broke out involving as many as 2,000 employees. about 40 people were reportedly injured. >>> apple's iphone 5 went on sale friday with what's expected to be record-breaking sales. the phones were reportedly sold out in many verizon and at&t stores across the country. >>> gas prices dipped by less than a penny over the past two weeks to an average of $3.83 a gallon for regular. >>> toyota is ramping up production of its hybrid vehicles saying it will release 21 new hybrid models over the next three years. >>> trader joe's is recalling its house brand of peanut butter the creamy salted valencia variety over fears of possible salmonella contamination. >>> talk about the sweet life. some drought stricken farmers are beefing up their starchy feed with a mixture that includes cookies, gummy worms, marshmallows, fruit loops, orange peels and i
loss. shares soared in late trade. discover also got an after-hours boost from upbeat earnings. nike, however, stumbled thanks to weak demand in china. >>> earlier apple drove techs and the nasdaq higher. >>> ge, part owner of this network, hit a four-year high after predicting a 10% rise in industrial revenue. >>> tempur-pedic shot up after announcing it will buy rival sealey for about $229 million. >>> heineken won a two-month battle for asia pacific breweries with its $4.6 billion bid for the tiger beer maker. >>> california governor jerry brown signed twin bills yesterday blocking universities and employers from requiring applicants to give up their e-mail or social media passwords. >>> and, finally, zegat is out with its 2012 fast food survey and here are the winners. five guys for best burgers. starbucks for best coffee and mcdonald's for best fries. the most popular of the mega chains, subway and wendy's took first and second place. >>> coming up, the return of the refs. a record nine in a row, and no relief for hockey fans. plus fans at citi field witness what could be the gr
from nike and blackberry maker research in motion. she schiller inbest of my recollection dex gives us a window in to home prices in 20 cities in the nation and the reading of consumer confidence will be out on wednesday. on tuesday new home sales from the last month and the gdp the broadest measure of the health of the economy and a typically a market mover. that's the show for today. thank you for being with me. my guest next week, sheila behr. keep it here where wall street meets main street. i will see you next weekend.
. earnings are up from nike and blackberry maker research in motion. she schiller inbest of my recollection dex gives us a window in to home prices in 20 cities in the nation and the reading of consumer confidence will be out on wednesday. on tuesday new home sales from the last month and the gdp the broadest measure of the health of the economy and a typically a market mor. that's the show for today. thank you for being with me. my guest next week, sheila behr. keep it here where wall street meets main street. i will see you next weekend. that fridge in your kitchen may have crossed this bridge. your new car probably rode these rails. that shipment you just received was tracked by satellite. we build and maintain. we invest and innovate. so we can deliver what america needs. this year alone, freight rail companies plan to spend twenty-three billion of their own money, not taxpayer dollars, to build bridges, maintain track, and develop new technologies to ep freight rail and our economy moving. there's a lot riding on these rails.
. >>mark: let's talk about the griffin. >> he came out before the game with new orleans and a nike shares, that he covered as the nike swoosh with the deed is hard. that does not sit terribly well with the nfl. >> is 90 a solid stock? >> ashore tom connell. long-term, yes. >>mark: deals and twins are still relevant? still making a lot of money? >> they are worth over a billion dollars. they are legitimate. did they beat out marc jacobs for a design award. they landed on the cover of both best dressed in to douse a 11, mary kate is indeed in the brother of nicolas sarkozy fury ashley is connected with johnny depp. it's good to be the olsen twins. >>catherine: tens of thousands of people in guatemala have been evacuated because of an erupting volcano. the long ball kindle a fire has started spewing lava and ash is. more than 33,000 people have of leave the region. half scientists say there have also been explosions. one of the most wanted cartel leaders in the mexican drug war is now under arrest. sanchez was being paraded before reporters. it is the latest in a string of recent high-p
is having a record year . if not we will be closer to a recession. >> nike is looking to buy back some of its stock, $8 billion worth? >> this is an investment story nike is a stock that we can all understand. >> in the inland valleys, we are back in the '80s. 86 over and antioch, 81 in livermore. in the north bay, 82 in santa rosa with cooler conditions. >> here are your expected highs for tomorrow. >> tomorrow will warm. it was a day around the bay area. a disturbance will be moving over us through the weekend. that will bring as increase seabury's wins. cooler temperatures are below average for this time of year. >> our new 24-cent news channel is all about convenience. check in any time for five minutes, 15 minutes, that is all it takes to if right down here are a bunch of cities that we cycled through to give the current average is. right next to that we have the city's 70 forecast. below that, the news crawled giving you the latest updates. all of these are updated all the time. you can check to get a quick update on the weather, the news, any time, the information is there.
when they've been asked by nike to come up with a campaign for various kinds of shoes. dan wieden, the guy in charge, he knows he needs a slogan. some simple slogan to tie all the different shots together, but it's the day before his deadline and he can't come up with a slogan. so he's lying on his couch when all of a sudden he starts to think of norman mailer. and in particular one of norman mailer's books called "the executioner's song," which stars this serial killer named gary gillmore. he can't stop thinking about gary gillmore and in particular the last words that gary gillmore ever said. that right before the firing squad shot him dead, they asked him, "gary, any last words?" and he says, "let's do it." and dan wieden thinks to himself, "that is so brave. that is so courageous." but he realized it's just not quite right. so he changes one word, and it becomes "just do it." that is where the iconic nike campaign comes from. even though we are always trying to make creativity into a rational process, it never is. creativity is really about serendipity. ♪ the reason i think
fox business earnings preview. we are watching from the rebound of research in motion and nike. chairs down 90% of over the last two weeks. the company is struggling to find its place in the smartphone market. analysts expecting a loss of 6 cents on $2.5 billion in revenue. investors should also watch how much cash on hand the company discloses. any details relating to the number of smart phones and the average selling price of their smartphones. new details on the exact timing of the launch of the blackberry 10. for coverage on research in motion and nike. after the bell we start at 4:00 p.m. eastern. now we continue our countdown with ashley webster. ashley: let's check in with nicole petallides live at the nyse. markets still hanging, 91 points. reporter: that's right. looking here at goodyear red goldman sachs and saying is saying you're going to need to replace that. up from a new perspective, stops at 3.5%. price target of $17, up from $12.42. the u.s. tire maker will gain from new orders like i noted and also in europe. a lower raw material costs helping the company along. anoth
that there regarding killed on the field. >> i was looking at the other things like the revealing nike fabrics. i guess they're comfortable but oh my gosh! and this guy. you are going to die. jeff backus.. of all things i think that the need to work on it the white. every girl knows that white pants will not work. and they have that to deal with and >> i have a question i do this for a living and i have never looked at his rear ended. >> they're always hiking and i am supposed to look away? >> and perhaps an investigative reporter? >> right over the internet. they have the fronts but i'm not going to show you that and aaron rogers is supposed to be wearing the 49ers jersey. i am waiting to see that but we of credit or owned mock up. it is either one day, one minute, because we have created our mock up. >> he grew up a 49ers fan. and it will be a big deal if he puts it on. >> some people say that he should have been wearing it in the first place. >> and you can do some research,! and get back to me. >> we have nothing but respect for you. >> i am so tired the we only shaw women scantily clad girl okay,
this hour to discuss that, 10:25 this morning. and nicole, nike shares going up and i see the dow is now 13-6. i guess the housing market helped, but tell me about nike. >> nike is the number one performer on our fox 50 index and came on the radar and turns out media hits on the internet and the stock is up 2 1/2%. and you may not be familiar with lieb james, dwyane wade, but they have new shoes coming out to test how high you jump. stuart, we might test you, right? it's not going to be a $300 shoe, a 270 shoe and one of the things we're talking about. stuart: and duane read, another story-- and another loser here dekkers outdoor. >> all right, dekkers, they make ugg s, the boots that a lot of folks wear and the analyst there has been noting that the sales start off slow for the fall season. uggs has been a trend setter and one that everyone had to have. where are the sales? that's the point, the stock is a new low. stuart: another economic indicator of sorts. a fashion indicator, but an economic the indicator. all right, nicole, appreciate it, the dow is up 40 points. 13605. look at that.
at nike, the quarterly numbers talk about slower growth in china, nike coming under some pressure. the dow, nasdaq and s&p, where are they? down over half a percent. connell: thank you. talking about prescription drugs. the fda has a big warning for you if you buy them on the internet. coming up. back to the market, some of the winners on a down day over at the nasdaq. [ female announcer ] the power to become a better investor has gone mobile. with features like scanning a barcode to get detailed stock quotes to voice recognition. e-trade leads the way in wherever, whenever investing. download the ultimate in mobile investing apps, free, at e-trade. connell: let's get to that amazon story, uncorking wine sales. this could be big, looking to get into the wine business and do it quite soon. and something together alliance of wineries. sometime in the next month they pay about $40 monthly fee, 50% % of the sales to amazon which is a reason they would be broken down. not the first time they have thought about getting the wine business. three years ago it abandoned such plans, but this time aro
Search Results 0 to 49 of about 137 (some duplicates have been removed)